MARKET OVERVIEW
Vinyl esters are synthetic resins obtained by the process of esterifying epoxy resins with acrylic or methacrylic acids. They possess exceptional chemical resistance, high strength, and good toughness, which makes them suitable for a wide range of industrial applications. The increasing demand for high-performance materials in industries such as marine, construction, transportation, and chemical processing is bolstering the growth of the market. Additionally, various factors such as technological advancements and economic conditions also impact the market. Vinyl esters are manufactured by multiple manufacturers worldwide, resulting in a highly competitive market.
MARKET DYNAMICS
The main drivers of the global vinyl esters market include industries that involve high-volume processes with the requirement of short cycle times. These industries are exposed to a great risk of corrosion of metal-based pipes and tanks. Better performance characteristics of vinyl ester over conventional materials in chemical industries, wastewater treatment and oil & gas industries among others have propelled the market growth. vinyl esters market is restricted by their limited shelf life and high cost.
MARKET SCOPE
The "Global Vinyl Esters Market Analysis to 2028" is a specialized and in-depth study of the Chemical and Material industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the vinyl esters market with detailed market segmentation by product, application, and geography. The global vinyl esters market is expected to witness high growth during the forecast period. The report provides focal statistics on the market status of the leading vinyl esters market players and offers significant trends and opportunities in the market.
MARKET SEGMENTATION
The global vinyl esters market is segmented by product and application. Based on product, the vinyl esters market is sub-segmented as bisphenol A, novolac, brominated fire retardant, and others. While, based on application, the vinyl esters market is distributed in pipes & tanks, marine, wind energy, fGD & precipitators, pulp & paper, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global vinyl esters market based on various segments. It also includes market size and forecast estimates from the year 2020 to 2028 across five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The vinyl esters market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the vinyl esters market from both the demand and supply side and further evaluates market dynamics, i.e., drivers, restraints, opportunities, and future trends influencing the market during the forecast period. Besides, it also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting Vinyl Ester in these regions.
MARKET PLAYERS
The reports cover key developments in the vinyl esters market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnerships & collaborations. These activities have paved the way for the expansion of business and the customer base of market players. The market players from the vinyl esters market are anticipated to have lucrative growth opportunities in the future with the rising demand for Vinyl Ester in the global market. Below mentioned is the list of a few companies engaged in the Vinyl Ester Market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Vinyl Ester Market. Also, the study focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, and the significant developments in the past five years.
- ALIANCYS AG
- Ashland
- DIC Material Inc.
- Hexion
- Interplastic Corporation
- Mechemco
- Nivitex Fibreglass and Resins
- Scott Bader Company Ltd.
- SHOWA DENKO K.K.
- Sino Polymer Co. Ltd